Law and business: commercial news round-up 28.02.14
updated on 28 February 2014
We are now a few days into Spring, and with that comes the promise of renewal and burgeoning life. Harness that energy and direct it towards your very own rebirth - as a commercial awareness genius! Read on for business stories of the past week that’ll put a spring in your step (sorry):
- Dixons and Carphone Warehouse are in early talks to combine forces, following a retail trend of greater consolidation.
- Bitcoin makes headlines again, as its largest exchange collapses, and Robert Peston admits to being gripped by the very concept.
- When is a banker’s bonus not a bonus? When it’s a "fixed pay allowance". (Joke courtesy of HSBC.)
- Insurance giant Standard Life announced that if Scotland becomes independent, it may move its operations elsewhere, sparking speculation that it could be just one of many to do so.
- Long regarded as not worth the paper they’re written on, the Law Commission has recommended that pre-nuptial agreements should be binding, provided the financial needs of both parties (and their children) are first met.
- Lego proves its enduring popularity as it enjoys record-breaking sales and growth to become the world’s most profitable toy maker. Everything is awesome!
Be sure to check the LC.N Says section every Friday lunchtime for this weekly commercial news round-up, produced by LawCareers.Net editor Isla Grant.
Follow @LawCareersNetUK and @CityLawLIVE on Twitter for instant business news updates.
